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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3737 Airport Fwy Bedford, TX 76021

    • Automotive properties
    • 62,232 SF
    • 8.31 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2857921
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hertz - Lyft Bedford / Car Rental Facility
    • Hertz Car Sales Bedford / Car Dealership
    • Fetch Truck / Car Rental Facility
    • Windshield Rock Chip Repair DFW / Auto Repair Shop
    • Texas Collision Centers / Auto Repair Shop

    Property Details for 3737 Airport Fwy

    Year built
    1995
    Lot size
    8.31 lot acres
    Property size
    62,232 SF
    Property type
    Automotive properties
    APN
    1950-4-CR1
    APU
    19504CR1

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1093
    Latitude
    32.8396
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $119,395
    $1,810,270
    $4,689,730
    $6,500,000
    -
    $1,810,270
    $4,689,730
    $6,500,000

    Comparable in this City

    • Value Estimation
      $1,270,000
      37,288 SF

      3201 Airport Fwy

      VEHICLE SALES, RENTALS • 37,288 SF
      3201 Airport Fwy, Bedford, TX 76021-6036
      View Details
    • Value Estimation
      $3,290,000
      60,906 SF

      1 Texas Harley Way

      VEHICLE SALES, RENTALS • 60,906 SF
      1 Texas Harley Way, Bedford, TX 76021-1126
      View Details
    • Value Estimation by Request
      1,056 SF

      1019 Industrial Blvd

      VEHICLE SALES, RENTALS • 1,056 SF
      1019 Industrial Blvd, Bedford, TX 76021-5205
      View Details
    • Value Estimation by Request
      3,828 SF

      2200 Central Dr

      CAR WASH - AUTOMATED • 3,828 SF
      2200 Central Dr, Bedford, TX 76021-5835
      View Details
    • Value Estimation by Request
      6,366 SF

      245 Harwood Rd

      AUTO REPAIR, GARAGE • 6,366 SF
      245 Harwood Rd, Bedford, TX 76021-4158
      View Details
    • Value Estimation by Request
      0.37 Acres

      Airport Fwy

      PARKING LOT • 0.37 Acres
      Airport Fwy, Bedford, TX 76021
      View Details

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    • New
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    Similar Nearby for Lease

    • Contact for pricing
      20,000 SF

      Former Dealership with Service Bays

      High-traffic location with freeway exposure and service bays.
      3737 Airport Fwy, Bedford, TX 76021
      View Details
    • Contact for pricing

      Former Gas Station Dealership Space

      Located at lighted intersection near major highways and retailers.
      1019 N Industrial Blvd, Bedford, TX 76021
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    • Contact for pricing
      7,349 SF

      Prime Bedford Office Space

      Modern Office Suites, Tarrant County
      2520 Harwood Rd, Bedford, TX 76021
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    • $16 SF/Yr
      2,500 SF

      Retail Space with High Visibility

      Prime retail location suitable for various commercial uses.
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      4,240 SF

      Retail Space with Ample Parking

      Retail space for rent with easy access and parking.
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    • Contact for pricing
      18,750 SF

      Bedford Retail Center Opportunity

      Prime Bedford retail space, 5 units available.
      2248 Central Dr, Bedford, TX 76021
      View Details
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    3737 Airport Fwy
    Bedford, TX 76021
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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